Wednesday, May 9, 2012

TraderSmarts Numbers for the YM Emini Futures - Wednesday May 9, 2012


Support becomes resistance and vice versa...

12786, 12822, 12857, 12885, 12903, 12914, 12949, 12962, 12978, 12989, 13003, 13018, 13027, 13056, 13065, 13086, 13091, 13109, 13138, 13171, 13186, 13204 Resistance on the YM Emini Futures

12765, 12738, 12723, 12696, 12660, 12640, 12610, 12597, 12581, 12577, 12559, 12545, 12442, 12414, 12381, 12342, 12310, 12287 Supports

Trade smart and trade well!

YM: 13186  - 13171 and 13065 extreme shorts. 13027 - 13011 highest odds short FTU. 12914 - 12876 range short. This 12786 is important. 12738 range long. 12610 - 12577 highest odds long FTD.

ES YM 6E CL GC TraderSmarts Numbers + Live Trade Alerts www.tradersmarts.net

I've talked about this a lot in the alerts but we need to be using the Range, Highest Odds, and Extremes not just for trade entries but also as targets. If we are not taking advantage of moves INTO the Range, Highest Odds, and Extremes we are missing out on a very important aspect of the TraderSmarts Numbers. Prices want to test the important TraderSmarts Numbers. The contract notes are important. 

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